The largest Television Cable provider in UK, Virgin Media have decided recently to explore other income generating potential for the company. It will use its current fiber optic cable network as its leverage to venture into a cloud-based data center business. The vision for the cloud will be shared with business partner Savvis, an Information…

GetApp.com, the fastest growing independent online marketplace for cloud-based business applications, announced today that it is has secured $1.1 million in funding from Nauta Capital (Nauta). Nauta has invested in GetApp.com from its recently launched $150M Nauta III fund. This funding will allow GetApp.com to further establish its online channel leadership position in the lucrative,…

Recently, Red Hat, Inc. announced its acquisition of Gluster, Inc., a Nexus Ventures supported company. Gluster, Inc. is a provider of scalable, open source cloud storage solutions, which was acquired at $136 million dollars. The negotiation is to be sealed within this month with Red Hat assuming all of Gluster’s equity balances on the closing…

CloudTimes is proud to announce our sponsorship of Cloud Mafia, a cloud community created by Loggly, DotCloud and NewRelic. The next event will take place on October 19th in San Francisco and is not to be missed. Next event: Wednesday, October 19 · 6:00pm – 9:00pm Manor West 750 Harrison St San Francisco, CA Schedule: 6 to 7pm Networking 7…

Cloud Hosting – Platform, Infrastructure and Software as a Service The undeniable benefits associated with cloud hosting continue to attract businesses that are looking to enhance operational efficiency in conjunction with lowering IT related costs. While the dedicated server environment still maintains substantial market share, it is becoming increasingly difficult for medium size and enterprise…